The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-09-15

now laundering in financial mirs. The widen
ing of the gauge west of Frankfort and other
talked-of improvements had seemingly been
dropped and there was still a large indebted
ness hanging the road which is in litigation.
B. c. Kelsey, who retired from the position OF
assistant general passenger agent of the T.. Y.
81 q. road last week. to take a position in the
Office of II. NJ. Bronson, general passenger
with elegant silver tea service. the employees
in the passenger department of the c.. " q =.
being the donors.
The switchmen's strike seems to have passed
over smoothly. Investigation showed that out q
small per cent. of the switchmen at this point
were aware that movement for an advance IN
would all like more pay they are not disposed 10
become the tools of any ring which attempts 10
dictate to the switchmen as a body.
Stock of the c., L, ST l.. & Co. road has
bounded up six more points within the last
three days. Unquestionably the road is getting
into good shape financially as well az physically.
Niuety-two per cent of the refunding bonds
have been placed and old bonds of a like amount
cancelled. PresidentIngalls is credited in East
financial circles as having displayed a good
deal of ability in carrying through the refund
ing scheme.
The c., B. & O. people have surveyed line
from Beardstown. on their St. Louis division, to
Camp Point. the Quincy branch, thus max
ing direct line from Beardstown to Quincy. In
this connection it will not be ont of place to
state that this is but part of scheme which is
to furnish direct outlet for the Indianapolis,
Decatur & Springfield road, the latter reaching
Beardstown over the Ohio & Mississippi road
springfield dv;sionl. on which the L.. D. & s.
people have had an option for some weeks past
movement is on foot looking to the extern
ton OF the Cincinnati. Jackson & Mackinaw
road to jackson, Mich, an extension which tho
O.. j. 81 M. people have offered to build provid-
ing Jackson will raise subsidy of $4,000. A
committee has already undertaken the task,
crosses several roads running into Indianapolis,
and, If the extension is built would doubtless
result in establishing through line to northern
Michigan, over one of the Indianapolis lines, in
connection with the c., J. g. NJ.
Yesterday. Fl. F. Stiles, agent for the c., n. 6
l. road at this point, accompanied by Sheriff
King, offered the treasurer of the Union Railway
Company the monthly $500 entail. as he has been
doing for nearly three years. When the c., II.
q D.-Vandala deal was announced it was sup
posed this famous rental quarrel between the
Union Railway Company and the c., Ell. 81 d.
would be settled, in owning the Il. II. g
l. road the c., III. e d. would become one of the
actual owners of the Union railway property,
but the turn things have taken make the matter
of settlements seemingly as far off as ever.
Under the heading that rates firm the
Cleveland Leader says Zone of the best safe
guards against ratecutting in the freight depart
ment at present is the annual scarcity of
All the local lines complaining of the made
quacy Of their equipment to transact the cur
rent business offered. Men kept on the roads
to expedite the delivery of freight and the
of cars. but with it tine supply falls far short Of
the demand. AS the fall season advances the
car famine will increase if the freight movement
of the past years is q guide Freight agents
have literally no time to solicit business by shad-
ing rates, and would have no cars to transport it
If they could SO obtain il. Another great check
to rate-cutting in this locality is the joint tariff
sheet recently issued"
The old project of extending the Rockport d.
vision of the Louisville. Evansville and St
Louis road from Jasper, the present northern
terminus of the Rock port division to Indianap-
oils, has been revived. It will be remembered
that several Indianapolis men became interested
In the building OF this road from Rockport to
Jasper, and had it not been sold to the l. E. &
st. j.. people. it doubtless would have been ex-
tended some years ago to Indianapolis. Presi-
dent French, of the L.. e. & ST. L., and Super
been approached regarding the extension.
strongly favor the enterprise and movement,
definite in character, will shortly be taken. The
road would in coming from Jasper TO this city,
pass through Brown, Monroe and Morgan coun-
ties, and much Of the distance through
try which is very productive and has railroad
facilities The road would not be very difficult
to build and would be air line to the
Ohio river from Indianapolis than any road now
in existence.
President Leonard of the Toledo Peoria &
efforts to alleviate the sufferers through the late
Chatsworth disaster. He has put judicious
agent into the field to investigate the most
serious cases. and place before the sufferers the
condition that the company Is IN financially and
if possible settle with them without the matter
going into the courts. 1t Is well understood that
the company is not aDle to paw the judgments
which the courts might infiict The Peoria Journal
says, when speaking OF these steps: While
there ia o great deal said about the T.. P. & W.,
ono way and another in this connection. the short
and long Of it is that Manager Leonard and the
officials willing to do all in their power to
soften the biting effects of the horror. They
cannot do everything or nything they like with
ont the cooperation of the stockholders, but
they are doing much they can, and have
already settled claims before the legal
responsibility OF the road has been shown in the
courts. They are trying to DO the fair thing,
and should be met half wav."